Word: buyer
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Dates: during 2000-2009
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...though, there's certainly no shortage of buyer interest. Indonesian artists may not yet be selling in the hundreds of thousands of dollars-but that, say experts, is the point. "Now is the time to jump in," suggests Iskandar from Christie's. "Indonesian art is so cheap you can't lose on it." It's the kind of advice any collector loves to hear...
...bull-market mode. Economists expect as the country's consumer culture continues to develop, demand will continue to increase. China today accounts for 5% of global consumption, but investment bank Credit Suisse predicts that number will rise to 14% by 2015, making the country the world's second largest buyer of consumer goods behind the U.S. That potential will lure more and more foreign retailers and investors, Hand says. For example, CapitaLand, a Singapore-based real estate investment company, aims to add 100 Chinese malls to its portfolio, which would more than double its current assets, according to the company...
...million Estimated price of the Airbus A380 superjumbo purchased by an anonymous buyer at the Paris air show for use as a private...
...Peter Saxton, biography buyer at British bookseller Waterstone's, thinks there's a limit to the Diana publishing phenomenon. "I can?t see that there?s enough of a market for all 15 books to do spectacularly well," he says. Saxton does, however, think one book could break away from the pack - The Diana Chronicles, by Tina Brown, published in both the U.S. and the U.K. this month. Brown, the former editor of the Tatler, The New Yorker and Vanity Fair, follows the princess as she goes from shy newlywed to "trapped bird in a cage" to a confident woman...
...selling a home." The shows play on homeowners' nightmares--Will we get any offers? What if we have to carry two mortgages?--but there's usually a happy ending: the house is sold, the asking price met or exceeded. (Mind you, "happy" is relative. For a first-time buyer, low prices are good news. But more than 84% of HGTV viewers are homeowners, compared with roughly 68% of all Americans...